Landlord Insurance - a National Program with Local Service!

Your rentals - your property empire - likely represent your life's work and accumulation of wealth. How awful it is, when we see so many people cutting down their protection to ensure greater profitability or, in some cases, simply to ensure positive cash flow. It doesn't have to be that way.

While many in our industry are geared to quote simply price, often ignoring what it takes to correctly insure a rental property, at Huggins Dreckman Insurance we ask the right questions to ensure that your rental property's coverages are properly quoted and in place. The truth is that our clients want to be properly protected and to receive the benefit of our knowledge, so that they will know how to make the most advantageous insurance purchase to properly protect their investments. We can provide that, as we have extensive experience and knowledge of Landlord Insurance and in being Landlords & property owners ourselves.

For Landlords, we have developed a unique partnership with Safeco Insurance Company that brings to you some of the most competitive products you'll find anywhere in the country, where you'll receive:

• A professionally developed quote for your rental property simply by calling 877-857-9505, our dedicated line to our Safeco partners. Our national sales office can take your calls Monday through Friday from 7am to 7pm Pacific Time, 9am to 4pm each Saturday & Sunday.
  

• For our Safeco clients, we provide 24/7 customer service via our dedicated Safeco hot-line: 877-857-9505. Yes, the same number! You can call and speak to a real person at any time to make a change, inquire about your bill, or to place a claim.

• More access for competitive policies. Most other insurers will only offer policies if you own no more than 6 rental units.  At this point, they consider you to be a commercial venture and thus refuse to provide any more insurance to you. This forces you into the commercial insurance market where the prices are higher. With our Safeco program, we offer you the ability to insure more properties - in a personal Landlord policy format - than can most agents anywhere in the U.S. And that creates - for you - better coverage at a great price!

• Through the magic of consolidation of policies, you can package your Home, Cars, Umbrella, and Rental Properties and maximize the savings. Even the Landlord policies will see significant discounts through the bundling of these policies.

• Huggins Dreckman's offices are in, Seal Beach, California, where the OC meets Los Angeles. Our phone numbers are 800-400-3224 / 562-594-6541, and we are open all business days from 8:45am to 5:15 pm and available for weekend consultations by appointment. We have email and fax access and a secure server in which you can communicate to us if you so choose; for that, you simply go to www.hdinsure.com and sign in to create an account.

• Great Rates, Great Service, and Great Insurance providers = the best Landlord Insurance Program you'll find. Call us today at 877-857-9505 or 800-400-3224!

As an additional benefit, our clients receive educational information about insuring their homes, cars, and rental properties from us. And, we'd like to give some of that to you. So, here is some critical information that all Landlords must know.

We want you to understand that you need to prepare yourself, as best as you can, for extended and more damaging amounts of loss than you might expect from normal, small claims. You can do this by either building up a large slush fund or by purchasing the proper protection which includes:

• The basic Landlord Insurance Package, which provides protection for your Structure (main & detached); Rent Ready Contents; Loss of Rental Income due to a severe, insured claim (Fire, etc ) for up to 1 year; and Liability Protection (you are sued because someone was injured on your property)

• Additional protection provided by our unique Extended Replacement Cost Endorsement, which provides up to 25% additional protection over the state building coverage in the event your limit of insurance is inadequate to rebuilding the property following a total loss

• Protection for the Increased Costs of Construction due to changes in the Building Code laws 

• Coverage against HOA assessments, for the HOA being insufficiently insured and unable to pay a claim in its entirety (the HOA looks to YOU for the balance)

Additional coverages to explore, which generally are not included under your standard policies, include:

• Earthquake Damages

• Flood Damages

• If you have a lot of properties, you'll certainly want to consider Discrimination Protection insurance for defense and/or judgment costs.

• Workers Compensation exposures: If you don't utilize the services of a property management company, you are likely personally exposed to this type of claim; this exposure can be better handled with your property managers but can be insured as well.

The Cost of Your Protection is meaningless after the incident. And think of it. We are all one mishap away from devastating personal and financial loss.  We want you to get it right before the claim occurs.

Claims in rental properties are similar to car insurance bumper-thumpers, where we continually are surprised at the extent of damages found underneath the panels and bumpers following a relatively small accident. It is no different with Landlord insurance claims.  We find lots of damage underneath the floors and inside the walls that are not initially visible to the eye but are only discovered as the extent of the damages begin to unfold during the claims investigation and adjustment at an insured property. So, you need to be properly protected from the get-go!

At Huggins Dreckman Insurance, we have protected landlords all over California, Arizona, Nevada, Texas, Oregon, and Washington, as well as in Idaho, Utah, Oklahoma, Louisiana, Tennessee, Indiana, Missouri, Mississippi, Georgia, North Carolina, and South Carolina. We know the areas, and we know how to protect you with the right type of insurance (see Resources). We can connect you to proven property managers in certain areas around the country.  And, if you have properties in states not listed here, we also have solutions. Just call 877-857-9505 or 800-400-3224 (562-594-6541) for assistance.

Additional issues that can plague your insurance program include the following exclusions, some of which can find solutions in proper coverage and some of which can find solutions with excellent property management. While there are other exclusions in your policies, the following are likely to be the ones you may encounter:

• Earthquake, Landslide/Land Movement
• Flood, Mudflows, Surface Water
• Some policy forms exclude theft to building items; most exclude theft to contents provided to tenants
• Damage due to Freezing of Pipes while the property is vacant or unoccupied
• Back Up of Sewers & Drains
• General Wear & Tear
• Embedded exclusions for injury caused by certain dog breeds, reduced limits for dog bite claims, and in some cases complete dog bite exclusions - and you didn't know it was there!
• Restricted coverage limits for properties that are vacant (unoccupied over 30 days). Typically, Vandalism, Glass Breakage, Damage by Theft/ Attempted Theft, Water Damage are excluded along with the pipe freezing and resulting damages, and in some cases complete loss of coverage (vacancy restrictions can vary state-by-state).

Avoiding incidences is not promised to you or anyone else. So, don’t delay. Be prepared for life’s misfortunes. Click on a quote request now or contact us to request a call, and let the professionals at Safeco & Huggins Dreckman Insurance forge a shield of protection over you.